+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

  • The purchase is made by an individual, not a legal entity.
  • The buyer is not going to rent out the acquired property.
  • This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.
A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

3 bedrooms Villa in Parekklisia, Limassol, Cyprus No. 54006

3

Bedrooms

2

Bathrooms

148 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

For sale in Parekklisia: a modern detached house off plan, offering 148 sq.m. of living space on a 430 sq.m. plot. This spacious home features 3 bedrooms, 2 bathrooms, a kitchen, and a living room. It includes a closed parking space, aluminum frames with double-glazed windows, and tiled floors. With an energy efficiency certificate rated A, it ensures comfort and sustainability. Located in a quiet neighborhood near the sea, schools, city center, and storage facilities, the property also offers a garden. Ideal for families seeking tranquility and convenience in a prime location. A great investment opportunity in a growing area.

Features

City center

City center

Private parking

Private parking

School

School

Garden

Garden

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3 bedrooms Villa in Parekklisia, Limassol, Cyprus No. 54006

3 bedrooms Villa in Parekklisia, Limassol, Cyprus No. 54006

Features

Location

City center

City center

Indoor facilities

Private parking

Private parking

Outdoor features

School

School

Garden

Garden

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